Fact sheet: Fidelity Global Alpha

Fund information

Fund name

Fidelity Global Alpha A Acc USD

Fund company manager

Fidelity International (FIL In

Fund type

SIB

Fund manager

Karoline Eichelberg

since 30/01/2015

Fund objective

Aims to provide long-term capital growth and a positive return with a relatively low sensitivity to global equity markets. At least 70% invested in shares of (and related instruments that provide exposure to) companies throughout the world, as well as cash, money market instruments, fixed income instruments and UCITS or other UCIs. The Investment Manager will gain long exposure to those companies viewed as attractive while maintaining a short exposure to those companies viewed as unattractive, using a variety of instruments, including financial derivative instruments. Short exposure will only be achieved through the use of financial derivative instruments. The fund may invest its net assets directly in China A and B shares. Has the freedom to invest outside the fund's principal geographies, market sectors, industries or asset classes.Can use derivatives with the aim of risk or cost reduction or to generate additional capital or income in line with the fund's risk profile. May also make extensive use of derivatives including more complex instruments or strategies to achieve the investment objective and these may result in leverage. In such situations performance may rise or fall more than it would have done otherwise, reflecting such additional exposure. The fund has discretion in its choices of investments within its objectives and policies. Income is accumulated in the share price. Shares can usually be bought and sold each business day of the fund. This fund may not be appropriate for investors who plan to sell their shares in the fund within 5 years. Investment in the fund should be regarded as a long-term investment.